Consumers buying gold in chaotic world
Total global demand for gold was up 3% in the first quarter to 1,238 metric tons for all segments, compared with the first quarter of last year, and the World
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Total global demand for gold was up 3% in the first quarter to 1,238 metric tons for all segments, compared with the first quarter of last year, and the World
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In April, India saw a notable rise in gold imports, more than doubling to $3.11 billion from #1.53 billion in March.
The World Gold Council's Q1 2024 Gold Demand Trends report reveals a 3% increase in global gold demand to 1,238 tonnes, driven by healthy investment from the OTC market and persistent central bank buying. Gold price hit a record quarterly average of US$2,070/oz. Central banks added 290 tonnes to official holdings, highlighting gold's importance in reserve portfolios.
For solar, you have the likes of Waaree, etc. And for wind, you have the equipment suppliers again in the sense of Suzlon and Inox. So, these I would say are the broad spectrum of power equipment suppliers in the Indian landscape.